"The taxation changes Mr Abbot has in mind, including abolishing the mining tax, and he's also going to deal with the very silly duplication between the Commonwealth and the states on environmental approvals.

"We always back policy not politics and we leave it to the Australian people to make those decisions.

"That said, we're very comfortable with the election agenda from Mr Abbott.

"He has a lot to offer by way of a stronger resources sector - good news for enabling the industry to be more competitive."